Megaport Ltd
ASX:MP1

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Megaport Ltd
ASX:MP1
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Price: 7.47 AUD -0.4%
Market Cap: 1.2B AUD
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Relative Value

The Relative Value of one MP1 stock under the Base Case scenario is 8.37 AUD. Compared to the current market price of 7.47 AUD, Megaport Ltd is Undervalued by 11%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MP1 Relative Value
Base Case
8.37 AUD
Undervaluation 11%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
18
Median 3Y
6.8
Median 5Y
11.8
Industry
2.4
Forward
3.3
vs History
15
vs Industry
4
Median 3Y
-18.3
Median 5Y
-30.1
Industry
23.2
Forward
35.1
vs History
25
vs Industry
17
Median 3Y
-70.8
Median 5Y
-93.4
Industry
17.4
vs History
15
vs Industry
10
Median 3Y
-19.7
Median 5Y
-32.4
Industry
21.3
vs History
88
vs Industry
13
Median 3Y
6.9
Median 5Y
7.6
Industry
2.9
vs History
96
vs Industry
18
Median 3Y
6.4
Median 5Y
10.8
Industry
2.4
Forward
3
vs History
96
vs Industry
24
Median 3Y
9.9
Median 5Y
18.5
Industry
4.9
vs History
15
vs Industry
1
Median 3Y
-17.1
Median 5Y
-26.3
Industry
12.9
Forward
10.4
vs History
15
vs Industry
1
Median 3Y
-17.1
Median 5Y
-26.3
Industry
16.5
Forward
27.5
vs History
25
vs Industry
17
Median 3Y
-62.2
Median 5Y
-85.3
Industry
16.3
vs History
15
vs Industry
11
Median 3Y
-21.2
Median 5Y
-27.2
Industry
19
vs History
85
vs Industry
14
Median 3Y
6.9
Median 5Y
10.8
Industry
2.5

Multiples Across Competitors

MP1 Competitors Multiples
Megaport Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
AU
Megaport Ltd
ASX:MP1
1.2B AUD 3.8 77.6 119 119
CA
Shopify Inc
NYSE:SHOP
140.7B USD 17.1 101.7 139.1 144.7
US
Snowflake Inc.
NYSE:SNOW
55.7B USD 16.3 -49.4 -46.6 -40.7
US
Cloudflare Inc
NYSE:NET
38.7B USD 24.6 -412.1 -1 082.5 -234.1
US
GoDaddy Inc
NYSE:GDDY
28.8B USD 6.4 15.6 31.5 36.7
US
Verisign Inc
NASDAQ:VRSN
19.2B USD 12.4 22.3 18.4 19
US
MongoDB Inc
NASDAQ:MDB
18.3B USD 9.5 -91.2 -64.2 -59.6
US
Twilio Inc
NYSE:TWLO
16.8B USD 3.9 -36.3 128.3 -144.6
US
Akamai Technologies Inc
NASDAQ:AKAM
14.4B USD 3.6 27.4 11.2 20.9
US
Okta Inc
NASDAQ:OKTA
14.3B USD 5.6 -365.9 -233.4 -90.3
IL
Wix.Com Ltd
NASDAQ:WIX
12.1B USD 7.1 130.1 111.1 162
P/S Multiple
Revenue Growth P/S to Growth
AU
Megaport Ltd
ASX:MP1
Average P/S: 10
3.8
46%
0.1
CA
Shopify Inc
NYSE:SHOP
17.1
87%
0.2
US
Snowflake Inc.
NYSE:SNOW
16.3
96%
0.2
US
Cloudflare Inc
NYSE:NET
24.6
104%
0.2
US
GoDaddy Inc
NYSE:GDDY
6.4
26%
0.2
US
Verisign Inc
NASDAQ:VRSN
12.4
12%
1
US
MongoDB Inc
NASDAQ:MDB
9.5
68%
0.1
US
Twilio Inc
NYSE:TWLO
3.9
26%
0.1
US
Akamai Technologies Inc
NASDAQ:AKAM
3.6
23%
0.2
US
Okta Inc
NASDAQ:OKTA
5.6
39%
0.1
IL
Wix.Com Ltd
NASDAQ:WIX
7.1
48%
0.1
P/E Multiple
Earnings Growth P/E to Growth
AU
Megaport Ltd
ASX:MP1
Average P/E: 62.5
77.6
291%
0.3
CA
Shopify Inc
NYSE:SHOP
101.7
1 782%
0.1
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -49.4 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -412.1 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
15.6
-13%
N/A
US
Verisign Inc
NASDAQ:VRSN
22.3
9%
2.4
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -91.2 N/A N/A
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -36.3 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
27.4
110%
0.2
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -365.9 N/A N/A
IL
Wix.Com Ltd
NASDAQ:WIX
130.1
1 359%
0.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Megaport Ltd
ASX:MP1
Average EV/EBITDA: 79.8
119
1 417%
0.1
CA
Shopify Inc
NYSE:SHOP
139.1
3 409%
0
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -46.6 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -1 082.5 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
31.5
116%
0.3
US
Verisign Inc
NASDAQ:VRSN
18.4
15%
1.2
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -64.2 N/A N/A
US
Twilio Inc
NYSE:TWLO
128.3
N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
11.2
49%
0.2
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -233.4 N/A N/A
IL
Wix.Com Ltd
NASDAQ:WIX
111.1
1 614%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Megaport Ltd
ASX:MP1
Average EV/EBIT: 83.7
119
751%
0.2
CA
Shopify Inc
NYSE:SHOP
144.7
42 967%
0
US
Snowflake Inc.
NYSE:SNOW
Negative Multiple: -40.7 N/A N/A
US
Cloudflare Inc
NYSE:NET
Negative Multiple: -234.1 N/A N/A
US
GoDaddy Inc
NYSE:GDDY
36.7
107%
0.3
US
Verisign Inc
NASDAQ:VRSN
19
12%
1.5
US
MongoDB Inc
NASDAQ:MDB
Negative Multiple: -59.6 N/A N/A
US
Twilio Inc
NYSE:TWLO
Negative Multiple: -144.6 N/A N/A
US
Akamai Technologies Inc
NASDAQ:AKAM
20.9
85%
0.2
US
Okta Inc
NASDAQ:OKTA
Negative Multiple: -90.3 N/A N/A
IL
Wix.Com Ltd
NASDAQ:WIX
162
6 834%
0

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